The team, now working on Ubiquity, aims to create a new stablecoin backed by the Australian dollar. This new initiative will also see collaboration with another major Australian financial ...

Both the U.S. Senate and House are considering bills creating a regulatory framework for stablecoins, and all of the usual crypto-skeptic refrains have been sung, including the hymn that crypto is ...

For example, one stablecoin might be pegged to the U.S. dollar, with one coin equaling one dollar. If the dollar gains or loses value, so does that stablecoin, but considering that assets like the ...

Citigroup projects the stablecoin market could reach $1.6 trillion by 2030 from $240 billion today. Bitcoin price could surge past $285,000 if stablecoin capital rotation follows historical patterns.

U.S. legislation "would further legitimise the stablecoin industry," analysts led by Geoff Kendrick wrote, adding that "we estimate this would cause total stablecoin supply to rise from $230bn ...

The Block’s Data and Insights newsletter revealed that Ethereum continued to be the blockchain of choice for stablecoin ...

Stablecoins, on the other hand, are less subject to volatility. Stablecoins are cryptocurrencies that are backed by an asset, most often a fiat currency. They maintain much of the appeal of other ...

Tether’s Q1 attestation report reveals the stablecoin giant has shored up over 7.7 tons of physical Gold to back its issuance of XAU₮. Treasuries’ info shows that at the end of Q1 ...